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Lawsuits filed against collection agencies and creditors jumped to 614 in the June 16-30 period, up from 584 in the second half of May and 500 in the first half of June, according to data pulled from U.S. District Courts.
July 13 -
Bankers know NCR Corp. for its high-tech ATMs, video teller machines and other branch gizmos. But the Duluth, Ga.-based vendor also is a big supplier of point-of-sale software for retailers and other businesses.
July 12 -
First it was free checking. Then it was spending rewards. Are decoupled-debit cards the next casualty of the Durbin amendment?
July 12 -
Consumer credit rose by $5.08 billion in May, marking the eighth straight monthly increase, as credit card debt had its largest gain in three years, according to the Federal Reserve's monthly G.19 report.
July 11 -
Cashiers now may activate entire packs of cards at once instead of swiping each card individually under a service First Data announced July 11.
July 11 -
Payments consumers make to health care providers will soar by more than 40% over the next three years, creating a glut of opportunities for direct-billing service vendors, according to a new Aite Group report.
July 11 -
Texas Attorney General Greg Abbott on Friday charged debt buyer Encore Capital Group with robo-signing and falsifying affidavits, attempting to collect debts based on incomplete and inaccurate information and employing unlawful and deceptive collection tactics.
July 8 -
PayPal revolutionized how consumers pay for goods online. It's not about to be usurped by the mobile payments movement.
July 8 -
After months of fretting, ISOs, agents and processors are viewing the upcoming cap on debit card interchange fees as a golden opportunity to increase margins, boost revenue and gain market share.
July 7 -
Bank of Ireland is rolling out what it claims is the first contactless Visa debit card from an Irish bank.
July 7